7 Walnut St Somersworth, NH 03878
6
Beds
3
Baths
3,337
Sq Ft
0.32
Acres
Highlights
- Barn
- 1 Car Detached Garage
- Baseboard Heating
- Wood Flooring
- Enclosed patio or porch
- 3-minute walk to Jules Bisson Park
About This Home
As of December 2022Turnkey triplex in great condition! Two units have been renovated with new cabinets, appliances, LVP flooring and more. Replacement windows and vinyl siding help keep maintenance costs low. Much of the plumbing has been replaced with PVC and pex, and two outbuildings could provide additional income as storage units. At a CAP rate of 8.4%, investors should not pass up on this opportunity! Showings begin at the open house on Saturday, 11/19, from 11am to 1pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,032
Year Built
- Built in 1880
Lot Details
- 0.32 Acre Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Vinyl Plank
Utilities
- Wall Furnace
- Baseboard Heating
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Natural Gas Water Heater
- High Speed Internet
Additional Features
- Enclosed patio or porch
- Barn
Listing and Financial Details
- Tax Lot 178
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $13,539
- Gross Income $50,400
- Net Operating Income $36,861
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2019
Closed on
Apr 19, 2019
Sold by
Ragnarsson Axel
Bought by
James G & M Ducharme Ret and Ducharme
Seller's Agent
Chad Faria
Buyer's Agent
Chad Faria
List Price
$265,000
Sold Price
$258,500
Premium/Discount to List
-$6,500
-2.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,755
Avg. Annual Appreciation
10.14%
Purchase Details
Closed on
Jun 12, 2018
Sold by
Brown Stephen A
Bought by
Ragnarsson Axel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 4, 2010
Sold by
Laliberte Al
Bought by
Brown Stephen A
Purchase Details
Closed on
Apr 9, 2010
Sold by
Stackpole David A
Bought by
Laliberte Al
Similar Homes in Somersworth, NH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $258,533 | -- | |
| Warranty Deed | $258,533 | -- | |
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $195,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $115,000 | -- | |
| Foreclosure Deed | $51,000 | -- | |
| Foreclosure Deed | $51,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $239,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $195,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2022 12/05/22 | Sold | $485,000 | +10.5% | $145 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/15/2022 11/15/22 | For Sale | $439,000 | +69.8% | $132 / Sq Ft |
| 04/19/2019 04/19/19 | Sold | $258,500 | -2.5% | $77 / Sq Ft |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 03/28/2019 03/28/19 | For Sale | $265,000 | -- | $79 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,741 | $574,400 | $76,200 | $498,200 |
| 2023 | $8,154 | $278,300 | $34,300 | $244,000 |
| 2022 | $7,174 | $255,400 | $34,300 | $221,100 |
| 2021 | $7,031 | $255,400 | $34,300 | $221,100 |
| 2020 | $7,113 | $255,400 | $34,300 | $221,100 |
| 2019 | $6,967 | $255,400 | $34,300 | $221,100 |
| 2018 | $6,595 | $197,400 | $57,100 | $140,300 |
| 2017 | $6,532 | $197,400 | $57,100 | $140,300 |
| 2016 | $6,334 | $197,200 | $57,100 | $140,100 |
| 2015 | $6,105 | $189,300 | $57,100 | $132,200 |
| 2014 | $5,895 | $189,300 | $57,100 | $132,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Zachary Hill
EXP Realty
(603) 988-8475
16 in this area
51 Total Sales
-
A
Buyer's Agent in 2022
Andrew Welch
KW Coastal and Lakes & Mountains Realty/Portsmouth
(603) 988-5636
1 in this area
64 Total Sales
-
C
Seller's Agent in 2019
Chad Faria
(603) 930-5841
12 Total Sales
Map
Source: PrimeMLS
MLS Number: 4936999
APN: SMSW-000009-000178
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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